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of <h1>New Guidelines for Broker Appointment, Delisting, and Payment for Relief/Savings Bonds: Key Procedures and Responsibilities.</h1> The circular outlines the procedures for the appointment, delisting of brokers, and payment of brokerage related to Relief/Savings Bonds. Agency banks are advised to follow a straightforward enrollment process for brokers, assigning them a code number for brokerage claims. Banks are reminded that they are solely responsible for the actions of any sub-agents they appoint. Dormant brokers may be delisted after two years of inactivity. Brokerage is set at Rs. 1 per Rs. 100 of bonds invested, with no tax deducted at source. Claims should be settled within 30 days, with centralized reimbursement at CAS Nagpur.
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